System and method for automated management of custom home design and build projects

A method for managing parties contributing to a construction project, said method comprising:

• selecting a construction design from a plurality of construction designs stored in a database;
• modifying said construction design to generate a modified construction design, said modified construction design representing said construction project;
• using an algorithm to apply costs related to labor and materials for building said constructions characterized by said plurality of construction designs to generate a prediction of costs associated with building said construction project;
• identifying at least one provider of at least one of labor and materials for said construction project, and contractually committing said at least one provider to said construction project;
• defining at least one construction phase for building said construction project, said at least one construction phase representing at least one of a series of tasks to be completed and materials to be provided by said at least one provider in a predefined order;
• applying another algorithm to generate a construction schedule in connection with at least one of said construction phases for said at least one provider;
• receiving an invoice for at least one of provided labor and materials from said at least one provider;
• and
• remunerating payment to said at least one provider after completion of a respective construction phase and after determining said at least one of provided labor and provided materials in said invoice has been adequately provided.

A method for selling a construction design and construction project to a buyer, said method comprising:

• retrieving first electronic construction information representing a first construction project from said database;
• retrieving second electronic construction information representing at least one construction feature from said database;
• applying a first algorithm to generate an estimate at least one of an amount of labor, a cost of labor, an amount of materials and a cost of materials for building a first modified construction project characterized by a combination of said first electronic construction information and said second electronic construction information;
• applying said first algorithm to retrieve said estimate substantially automatically from said database;
• applying a second algorithm to generate a contract for sale of said first modified construction project from stored contractual provisions and said first and second electronic construction information;
• applying said second algorithm to retrieve said contract substantially automatically from said database;
• and
• completing an approval process to determine whether to execute said contract.

A method for using a database to manage parties to at least one future construction project, said method comprising:

• storing builder information representing at least one enforceable builder contract for a builder to provide building services in said at least one future construction project;
• storing vendor labor information representing a plurality of enforceable vendor contracts for a plurality of vendors to provide labor in said at least one future construction project;
• storing materials supplier information representing a plurality of enforceable contracts for at least one materials supplier to provide materials in said at least one future construction projects;
• and
• storing buyer information representing an enforceable contract for at least one buyer to purchase a first future construction project.

A method for using a user terminal coupled to a site processor across a communication network to manage new constructions, said method comprising:

• selecting from a database electronic standard construction information including characteristics related to at least one of total square footage, garage size, number of rooms, number of bathrooms, location of rooms, and price;
• selecting from said database electronic modification information including characteristics related to at least one of construction features;
• using an algorithm that applies said electronic modification information to said electronic standard construction information and generates electronic modified construction information;
• using an algorithm that retrieves from said database electronic labor information including characteristics related to at least one of builders, sub-contractors, vendors, materials suppliers, time estimates, and cost estimates related to at least one materials and labor.

A system for predicting the cost of labor and materials for building a new construction, said system comprising:

• a construction module adapted to store electronic construction information including characteristics related to new constructions in a database;
• a labor module adapted to store electronic labor information including characteristics related to labor for building said new constructions in said database;
• a materials module adapted to store electronic materials information including characteristics related to materials for building said new constructions in said database;
• a standard constructions interface adapted to retrieve electronic construction information from said database to represent a new construction;
• a construction modification interface, said construction modification interface adapted to retrieve electronic construction information from said database to represented a modification to said new construction;
• an output module adapted to determine cost of labor and materials for building said new construction and providing at least one of a predicted image of said new construction and a detailed description of said cost, such that the actual cost of labor and materials after completing said new construction is the same as said predicted cost.